October 2017

OrthoPediatrics closes $59.8M IPO

Warsaw, IN-based pediatric surgical system maker OrthoPedia­trics on October 15 announced the closing of its initial public offering of 4.6 million shares of its common stock, including the full exercise by the underwriters of their option to purchase 600,000 additional shares, at a public offering price of $13 per share. OrthoPediatrics received $59.8 million in gross proceeds from the offering. The shares began trading on the NASDAQ Global Market on October 12 under the ticker symbol “KIDS.”